Reuters exclusively reports Canada’s budget to include digital and luxury levies, but no wealth tax
Reuters exclusively reported that Canada’s first budget in two years would propose a sales tax for online platforms and e-commerce […] The post Reuters exclusively reports Canada’s budget to include digital and luxury levies, but no wealth tax appeared first on Reuters News Agency.
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Reuters exclusively reported that Canada’s first budget in two years would propose a sales tax for online platforms and e-commerce warehouses, a digital services tax for Web giants and a luxury tax on items like yachts. The luxury tax will be levied on new cars and private aircraft valued at more than C$100,000 ($79,970) and boats worth over C$250,000 and come into force next year. The details revealed by Reuters scoops were confirmed in the budget documents on Monday.
The post Reuters exclusively reports Canada’s budget to include digital and luxury levies, but no wealth tax appeared first on Reuters News Agency.
